Good Monday and happy morning. Welcome to TheStreet’s daily tech roundup. In case you haven’t seen clips of folks wearing headsets in odd situations, the Apple Vision Pro has officially been released, and Wedbush’s Dan Read more…
The ISM Services PMI jumped to 53.4 in January from 50.6 in December, comfortably beating the 52.0 consensus expectation. Ten industries out of 18 reported growth for the month – up from nine in December. Read more…
Before the covid pandemic, craft breweries had a moment. Beer snobs ruled the day, creating a market for local brewers to expand their businesses into regional distribution. The demand for interesting beers was clear: Younger Read more…
Tesla boss Elon Musk has had a rough few weeks. After less-than-thrilling reactions to a fourth quarter earnings call that sent Tesla’s stock down to $180.06 on Jan. 25, Musk already had some thinking to Read more…
Markets: The payrolls-Powell combo resonated through today’s European trading session in absence of other data/events. It put core bonds under further pressure from the start with US Treasuries underperforming German Bunds. Recall that Powell ruled Read more…
The US dollar has seen a significant increase in strength against the Euro, with the EUR/USD pair falling to 1.0770 by Monday morning. This movement is largely attributed to the recent release of robust employment Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, February 5. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…
US ISM Services PMI marked a significant uptick from 50.6 to 53.4 in January, above expectation of 52.1. This highlights a strengthening in the services sector A closer look at the index components reveals stable Read more…
Lowe’s, America’s more-than-century-old hardware chain and the official home improvement sponsor of the NFL, employs around 300,000 individuals across over 2,000 stores in the U.S. Due to its size and nationwide prolificacy, the blue-clad big-box Read more…
Minneapolis Fed President Neel Kashkari argued in an essay that Fed’s current monetary policy stance “may not be as tight as we would have assumed”. This would afford Fed valuable leeway to sift through incoming Read more…